Tuesday, April 27, 2010

Pension Pains: States Cut Benefits to Skirt Massive Funding Shortfall

Never disturb the Social Order is the basis of MOPE.
There are going to be some very disturbed people here.
Pension plans are Wall Street so far very quiet and deeply injured dumping ground.
Lets hear it for our social minded OTC derivative manufacturers and distributors.

Jim

Dan Montgomery doesn't have many kind words for his elected officials. The high school English teacher from Skokie says Illinois politicians spent years neglecting their obligations to the state's public pension funds and now want workers to foot the bill.


Source: abcnews.go.com

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